| O latest price $66.0000 (2.9%) ($64.1000 - $66.0750) on Wed. Jan. 11, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.48% (three month average) |
RSI | 62 |
Latest Price | $66.0000(2.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.4% a day on average for past five trading days. |
Weekly Trend | O advances 0.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) XLRE(81%) SDY(66%) SPLV(66%) XLU(65%) IWD(58%) |
Factors Impacting O price | O will decline at least -0.74% in a week (0% probabilities). VIXM(-30%) TBT(-11%) VXX(-9%) UUP(-7%) SMH(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.74% (StdDev 1.48%) |
Hourly BBV | 2.3 () |
Intraday Trend | 2.1% |
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